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NO. 2555
APRIL 12, 2006

NCPA's 110th ANNUAL CONVENTION

COTTONSEED DVD NOW AVAILABLE

WHAT'S NEW @ COTTONSEED.COM

FIVE YEAR AVERAGE WEEKLY CRUSH

SUPPLY & DEMAND ESTIMATE FOR US COTTON & COTTONSEED PRODUCTS

US COTTONSEED PRODUCTS EXPORT REPORT

MOVING?


NCPA's 110th ANNUAL CONVENTION - Proposed amendments to NCPA’s Trading Rules have been offered by the membership and will be considered during a meeting of the Rules Committee on Sunday morning, May 7, at the Annual Convention in Tucson, Arizona.  The proposed amendments have been sent to all members, and a copy is also available on the NCPA web site under the “Convention” link.  The proposed changes refer to the method used by the Association to select arbitrators.  All members and guests are invited to attend the meeting of the Rules Committee, and anyone may offer comment on the proposed changes.  The Rules Committee will consider the proposed changes and vote whether or not to recommend them to the membership. The By-Laws and General Rules may be amended by a majority vote by the regular members present and voting at any annual meeting…..The generosity of members and guests have made the awarding of prizes at the annual convention a highlight of each meeting.  General meeting attendance, spouse luncheon and golf prizes will be awarded this year.  If you wish to join the tradition this year, please be sure your prize or a description of it, is sent to the NCPA office no later than Friday, April 21.  If you wish to give cash, please make your check payable to the NCPA…..A continental breakfast will be available this year prior to the Monday morning business session.  The business session will begin promptly at 8:30am and will feature a number of “must-see” presentations.  NCPA’s newly revised video, “Cottonseed” The Inside Story” will be shown, and reports will be given by National Cotton Council Chairman Allen Helms, World Weather President Drew Learner, and USDA Ag Research Service Aflatoxin expert Dr. Peter Cotty.  Also, NCPA President Robert Lacy will address the membership and NCPA staff will provide updates of Association activities and finances.

COTTONSEED DVD NOW AVAILABLE - NCPA’s popular video “Cottonseed: The Inside Story” has been updated and revised to keep it fresh and as popular as ever.  The video introduces viewers to the many products made from cottonseed and briefly explains why, for example,  cottonseed oil has become even more popular with the Cottonseed: The Inside Storyconcern regarding trans fatty acids, and why cottonseed meal is so widely discussed as an organic fertilizer.   Orders from elementary  school as well as ag extension teachers were waiting to be filled as soon as the new DVD’s were burned.  A complimentary copy of the DVD will be available to the membership attending the annual meeting, or members may request a complimentary copy be mailed.  Additional copies are available for purchase from the Association. The video was digitized to make future upgrades faster and cleaner.  New, updated soundtracks and voice-overs were added.  In addition, edits were made to the text of the video.  A one-minute introductory clip of the video has been posted to the NCPA web site and may be previewed by members and the general public.

WHAT'S NEW @ COTTONSEED.COM - USDA slightly decreased its projection for the 2005-06 cottonseed crush, from 3.1 million tons forecast in February to 3.075 million tons forecast this month.  The reduction in crush is projected to go as feed.  As would follow, production numbers for cottonseed meal and oil were reduced.  USDA is using product yields—901 lbs/ton for meal and 315 for oil—based on historical averages which lead to under-estimating actual  production this season. Weekly cottonseed crushings for the period ending April 9 were 64,028 tons, nearly 7% higher than the previous week and almost 15% above the five-year average for period 36 during the season. As the graph below shows, only four times in the past 13 weeks has this season’s weekly crush fallen below the five year average.  Complete details of weekly cottonseed crushings are available in the Statistics section…..A preview of “Cottonseed: The Inside Story” is available on the NCPA web site.  A complimentary copy is available to members and additional copies may be ordered from the Association office…..Convention news, Trading Rules changes  and updates, registration lists and convention prizes will be updated and available on the Convention link.

SUPPLY & DEMAND ESTIMATE FOR US COTTON & COTTONSEED PRODUCTS

US COTTONSEED PRODUCTS EXPORT REPORT

MOVING? - Please send all change of address information to: National Cottonseed Products Association, 104 Timber Creek Drive, Suite 200, Cordova, TN  38018, or email to info@cottonseed.com.

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© National Cottonseed Products Association, Inc.

April 12, 2006


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